Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co saw a rise in its profits by 11.6% year-on-year during the first quarter of 2017, according to a bourse filing.

Net profits reached AED 20.2 million ($5.5 million) in Q1-17, compared to AED 18.1 million ($4.93 million) in Q1-16.

Total takaful revenues reached AED 75.98 million in Q1-17, up 8.4% from AED 70.09 million in AED 70.09 million in Q1-16.